Hello everyone
My question is fairly simple. My friend wants to invest 100k in 4 coins (Ripple, Doge, Nem, Stellar)
I am looking for tips how to handle such a transaction. He is currently registered & verified at Poloniex, Kraken & Bittrex.
The idea was to deposit money in those 3, buy the coins, send them to wallets (hard, soft, paper... whichever option is better for each coin at this time)
Thnx for any info & tips
--------***--EDIT--***----------
Thank you all for the suggestions of other coins and see if his investment is solid or not but thats not realy the subject i need help with.
My Question is the Method of buying 4/5 coins in high volume (whatever coin it is) .
How should you handle this kind of process and to avoid high fees or any issues with traders if you have 100k to trade different crypto.
My idea how to handle this is:
-----------------------------------
1) Fiat deposit on Kraken (euro) - He will be Tier4 approved in a few days
2) Trade Euro To crypto (3/4 coins)
3) If Oné of the coins is not available on Kraken:
Example Nem is not on kraken. Buy Dogecoin on kraken - send to bittrex Dogecoin wallet - Trade Dogecoin to Nem on bittrex
3) Send to wallets ( away from trading platform )
4) Safe them on paper, ledger, key whatever specific coins is the best option to keep in a safe
I have to say you guys are a lot more friendly then Reddit lol ... a lot more frienldy replys on this forum even if you disagree
My question is fairly simple. My friend wants to invest 100k in 4 coins (Ripple, Doge, Nem, Stellar)
I am looking for tips how to handle such a transaction. He is currently registered & verified at Poloniex, Kraken & Bittrex.
The idea was to deposit money in those 3, buy the coins, send them to wallets (hard, soft, paper... whichever option is better for each coin at this time)
Thnx for any info & tips
--------***--EDIT--***----------
Thank you all for the suggestions of other coins and see if his investment is solid or not but thats not realy the subject i need help with.
My Question is the Method of buying 4/5 coins in high volume (whatever coin it is) .
How should you handle this kind of process and to avoid high fees or any issues with traders if you have 100k to trade different crypto.
My idea how to handle this is:
-----------------------------------
1) Fiat deposit on Kraken (euro) - He will be Tier4 approved in a few days
2) Trade Euro To crypto (3/4 coins)
3) If Oné of the coins is not available on Kraken:
Example Nem is not on kraken. Buy Dogecoin on kraken - send to bittrex Dogecoin wallet - Trade Dogecoin to Nem on bittrex
3) Send to wallets ( away from trading platform )
4) Safe them on paper, ledger, key whatever specific coins is the best option to keep in a safe
I have to say you guys are a lot more friendly then Reddit lol ... a lot more frienldy replys on this forum even if you disagree